GST Update on rate of Taxation

The Roadmap to GST Following the Target date-1st April 2017 for its Roll Out:

The GST council in its meeting on the 3rd of November 2016 came up with the much awaited rates at which the GST shall be levied assuming its implementation from the 1st of April 2017.With the rate structure in hand a better impact analysis and projection by the industries can be initiated to understand the implications and the changes in the POST GST regime on their businesses. With GST rates in hand and the targeted action plan for the implementation of the GST from 01.04.2017 already prepared; The Indian Government is working hard to meet their timelines for the roll out of GST in India from 1st April of 2017.

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